Phillips Edison & Company, Inc. (NASDAQ:PECO) Updates FY 2026 Earnings Guidance

by · The Markets Daily

Phillips Edison & Company, Inc. (NASDAQ:PECOGet Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.950-0.970 for the period, compared to the consensus earnings per share estimate of 2.760. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

PECO has been the topic of a number of recent research reports. Evercore reiterated an “outperform” rating and set a $44.00 price objective on shares of Phillips Edison & Company, Inc. in a research note on Tuesday, July 7th. Barclays upped their target price on Phillips Edison & Company, Inc. from $42.00 to $45.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 12th. LADENBURG THALM/SH SH increased their target price on Phillips Edison & Company, Inc. from $44.00 to $46.00 and gave the company a “buy” rating in a research report on Tuesday, June 16th. Weiss Ratings lowered Phillips Edison & Company, Inc. from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. Finally, UBS Group boosted their price target on Phillips Edison & Company, Inc. from $43.00 to $46.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Phillips Edison & Company, Inc. currently has a consensus rating of “Hold” and an average price target of $44.14.

Get Our Latest Analysis on PECO

Phillips Edison & Company, Inc. Stock Down 1.6%

Shares of NASDAQ PECO traded down $0.68 during trading hours on Thursday, hitting $42.68. 926,335 shares of the stock were exchanged, compared to its average volume of 950,642. Phillips Edison & Company, Inc. has a 12 month low of $32.84 and a 12 month high of $44.38. The firm has a fifty day moving average price of $41.32 and a 200-day moving average price of $39.00. The company has a market cap of $5.37 billion, a PE ratio of 46.39, a PEG ratio of 2.32 and a beta of 0.52.

Phillips Edison & Company, Inc. (NASDAQ:PECOGet Free Report) last announced its earnings results on Thursday, July 23rd. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.15. The company had revenue of $189.62 million during the quarter, compared to the consensus estimate of $187.46 million. Phillips Edison & Company, Inc. had a net margin of 15.61% and a return on equity of 4.46%. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. As a group, equities analysts anticipate that Phillips Edison & Company, Inc. will post 2.76 earnings per share for the current fiscal year.

Phillips Edison & Company, Inc. Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, August 4th. Investors of record on Wednesday, July 15th will be given a $0.1083 dividend. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, July 15th. Phillips Edison & Company, Inc.’s dividend payout ratio is presently 141.30%.

Institutional Trading of Phillips Edison & Company, Inc.

Several large investors have recently added to or reduced their stakes in PECO. Balyasny Asset Management L.P. increased its holdings in Phillips Edison & Company, Inc. by 191.9% in the 3rd quarter. Balyasny Asset Management L.P. now owns 1,869,618 shares of the company’s stock worth $64,184,000 after buying an additional 1,229,186 shares during the period. Alyeska Investment Group L.P. acquired a new stake in Phillips Edison & Company, Inc. during the 4th quarter valued at approximately $19,400,000. Wellington Management Group LLP boosted its holdings in shares of Phillips Edison & Company, Inc. by 5.4% in the 4th quarter. Wellington Management Group LLP now owns 6,308,034 shares of the company’s stock valued at $224,377,000 after acquiring an additional 325,215 shares during the last quarter. Nuveen LLC boosted its holdings in shares of Phillips Edison & Company, Inc. by 45.1% in the 4th quarter. Nuveen LLC now owns 1,008,126 shares of the company’s stock valued at $35,859,000 after acquiring an additional 313,327 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in shares of Phillips Edison & Company, Inc. by 57.2% during the third quarter. Qube Research & Technologies Ltd now owns 849,693 shares of the company’s stock worth $29,170,000 after purchasing an additional 309,321 shares during the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

Phillips Edison & Company, Inc. Company Profile

(Get Free Report)

Phillips Edison & Company, Inc is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of grocery-anchored, necessity-based shopping centers. The company’s investment strategy is centered on properties that benefit from everyday consumer demand, seeking to deliver stable cash flows through long-term, triple-net leases with national and regional tenants in the grocery, drugstore and essential retail sectors.

In addition to its core retail portfolio, Phillips Edison & Company provides integrated services covering property management, asset management, leasing, development and acquisition sourcing.

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